ALLOCATED BENEFITS
Allocated Benefit is a kind of payment that originates from a defined-benefit retirement plan. Once the insurance company has received its premiums, the allocated benefits are then passed (allocated) on to the plan participants. Allocated benefits provide a guaranteed retirement income to the plan participants that have the insurance carrier (and the PBGC) as its ultimate back-up.
The term may also refer to the payment's highest amount for a given service itemized in a contract.
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Trade or Fade Rule
Options exchange rule introduced to eliminate trade troughs. The rule requires the market maker to match a better deal seen on another market or tr ...
A-B Split
This is a method commonly used to test if the marketing media or methods used are effective. When using A-B Split method in marketing, there will b ...
Cancellation
Notification by a broker advising his or her client that an incorrect exchange deal was conducted and that the activity is being pointed out. For e ...
Kicker Pattern
A two-bar candlestick pattern that signifies change in the direction of the market trend for the price of an asset. The pattern is composed of two ...
UFMI
Up-Front Mortgage Insurance (UFMI) is an insurance premium. It is usually collected at the time of the conception of the loan on Federal Housing Ad ...
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